Thread: Changes on the High Street
View Single Post
Old 20-07-2020, 13:12   #510
1andrew1
cf.mega poster
 
Join Date: Dec 2013
Posts: 14,240
1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze
1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze
Re: Changes on the High Street
Quote:
Originally Posted by Hugh View Post
And not forgetting, if it's a US company doing the LBO (even of a UK company), there's a huge tax benefit.
It doesn't need to be just a US company, interest payments are a cost which reduce a company's profits upon which corporation tax is paid (or not).

---------- Post added at 13:12 ---------- Previous post was at 13:10 ----------

Quote:
Originally Posted by heero_yuy View Post
This is despite having taken government (our) money to bolster up jobs.
If they took it in poor faith then I think that criticism might be justifiable, but there's nothing to suggest they did.
1andrew1 is offline   Reply With Quote